Report Update: May 1, 2024

Mexico - Artificial Fur - Market Analysis, Forecast, Size, Trends And Insights

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Artificial Fur Price in Mexico - 2023

Artificial Fur Price in Mexico (CIF) - 2022

The average artificial fur import price stood at $6,516 per ton in 2022, reducing by -44.6% against the previous year. In general, the import price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 46% against the previous year. The import price peaked at $17,512 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +0.6% per year.

Artificial Fur Price in Mexico (FOB) - 2022

The average artificial fur export price stood at $29,542 per ton in 2022, approximately equating the previous year. In general, the export price posted a notable expansion. The most prominent rate of growth was recorded in 2017 an increase of 26% against the previous year. Over the period under review, the average export prices attained the maximum at $48,025 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($283,000 per ton), while the average price for exports to Honduras ($2,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+41.5%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Fur Imports in Mexico

In 2022, imports of artificial fur into Mexico skyrocketed to 149 tons, with an increase of 374% compared with the previous year's figure. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, artificial fur imports soared to $970K in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Artificial Fur in Mexico (Thousand USD)
COUNTRY	2020	2021	2022	CAGR, 2020-2022
China	280	154	867	76.0%
United States	99.9	40.2	N/A	-59.8%
Others	219	176	102	-31.8%
Total	599	369	970	27.3%

Top Suppliers of Artificial Fur to Mexico in 2022:

China (147.6 tons)

Artificial Fur Exports in Mexico

For the third year in a row, Mexico recorded decline in overseas shipments of artificial fur, which decreased by 0% to 48 kg in 2022. Overall, exports continue to indicate a precipitous contraction. The smallest decline of -63.6% was in 2020.

In value terms, artificial fur exports stood at $1.4K in 2022. Over the period under review, exports recorded a sharp curtailment. The smallest decline of -75.3% was in 2020.

Export of Artificial Fur in Mexico (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Dominican Republic	4,248	1,293	N/A	604	-47.8%
El Salvador	1,474	504	N/A	283	-42.3%
United States	1,856	220	N/A	231	-50.1%
Nicaragua	1,221	362	N/A	157	-49.5%
Italy	1,285	258	N/A	69.0	-62.3%
China	82.0	94.0	N/A	30.0	-28.5%
Netherlands	114	18.0	N/A	13.0	-51.5%
Guatemala	156	40.0	N/A	13.0	-56.3%
Spain	118	32.0	N/A	11.0	-54.7%
Canada	N/A	N/A	N/A	3.0	0%
Honduras	25.0	6.0	N/A	2.0	-56.9%
Bolivia	12.0	4.0	N/A	2.0	-45.0%
Bahamas	857	N/A	N/A	N/A	0%
Others	30.0	N/A	N/A	N/A	0%
Total	11,478	2,831	N/A	1,418	-50.2%

Top Export Markets for Artificial Fur from Mexico in 2022:

Dominican Republic (36.0 kg)
United States (2.0 kg)
Canada (1.0 kg)
Netherlands (1.0 kg)
Honduras (1.0 kg)
El Salvador (1.0 kg)
Guatemala (1.0 kg)
China (1.0 kg)
Italy (1.0 kg)
Bolivia (1.0 kg)
Nicaragua (1.0 kg)
Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the artificial fur market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13911920 - Artificial fur and articles thereof

Country coverage:

Mexico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Mexico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023